Financial Institutions Access Index in Bahamas
Bahamas: Financial Institutions Access Index was 0.7779 in 2020. ▲ Rising
Financial Institutions Access Index in Bahamas, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial institutions access index in Bahamas is 0.7779, measured in 2020.
That represents a change of up 0.4% on the previous year and up 3.2% over ten years.
Over the whole period, financial institutions access index in Bahamas peaked at 0.9146 in 2013 and was at its lowest, 0.22, in 1985.
Bahamas ranks 15th of 183 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Institutions Access Index in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.26 | — |
| 1981 | 0.2679 | +3.0% |
| 1982 | 0.2639 | -1.5% |
| 1983 | 0.2536 | -3.9% |
| 1984 | 0.2259 | -10.9% |
| 1985 | 0.22 | -2.6% |
| 1986 | 0.2363 | +7.4% |
| 1987 | 0.2496 | +5.6% |
| 1988 | 0.2825 | +13.2% |
| 1989 | 0.3272 | +15.8% |
| 1990 | 0.3528 | +7.8% |
| 1991 | 0.4046 | +14.7% |
| 1992 | 0.423 | +4.6% |
| 1993 | 0.3898 | -7.8% |
| 1994 | 0.3792 | -2.7% |
| 1995 | 0.4392 | +15.8% |
| 1996 | 0.442 | +0.6% |
| 1997 | 0.428 | -3.2% |
| 1998 | 0.429 | +0.2% |
| 1999 | 0.4052 | -5.5% |
| 2000 | 0.387 | -4.5% |
| 2001 | 0.4158 | +7.4% |
| 2002 | 0.3842 | -7.6% |
| 2003 | 0.3593 | -6.5% |
| 2004 | 0.3325 | -7.5% |
| 2005 | 0.3389 | +1.9% |
| 2006 | 0.3351 | -1.1% |
| 2007 | 0.7831 | +133.7% |
| 2008 | 0.7776 | -0.7% |
| 2009 | 0.7607 | -2.2% |
| 2010 | 0.7535 | -1.0% |
| 2011 | 0.7944 | +5.4% |
| 2012 | 0.7837 | -1.3% |
| 2013 | 0.9146 | +16.7% |
| 2014 | 0.9072 | -0.8% |
| 2015 | 0.8607 | -5.1% |
| 2016 | 0.858 | -0.3% |
| 2017 | 0.814 | -5.1% |
| 2018 | 0.8168 | +0.3% |
| 2019 | 0.7749 | -5.1% |
| 2020 | 0.7779 | +0.4% |
Bahamas compared with similar countries
- Bahamas's 0.7779 is above the median for high income countries, which is 0.5313, 1.5× the median. (62 countries reporting)
- Bahamas's 0.7779 is above the median for Latin America & Caribbean, which is 0.3636, 2.1× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Financial Institutions Access Index in Bahamas changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +133.7% | 0.3351 | 0.7831 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2587 | 0.22 | 0.3272 | 10 |
| 1990s | 0.4093 | 0.3528 | 0.442 | 10 |
| 2000s | 0.4874 | 0.3325 | 0.7831 | 10 |
| 2010s | 0.8278 | 0.7535 | 0.9146 | 10 |
| 2020s | 0.7779 | 0.7779 | 0.7779 | 1 |
Countries ranked near Bahamas
More financial sector data for Bahamas
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2024)
- Reserve position in the IMF, US dollar, per capita 65.53 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2024)
- Reserve position in the IMF, SDR, per capita 47.85 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2024)
- Reserve tranche position, US dollar, per capita 65.53 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is financial institutions access index in Bahamas?
- Financial institutions access index in Bahamas was 0.7779 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Bahamas?
- The highest recorded value was 0.9146 in 2013.
- What is the lowest financial institutions access index recorded in Bahamas?
- The lowest recorded value was 0.22 in 1985.
- How does Bahamas rank for financial institutions access index?
- Bahamas ranks 15th out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Bahamas?
- Over the last ten years it is up 3.2%. The long-run trend across the full record is rising.
- Where does this Bahamas data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Access Index. Statizoid updates them automatically from the source API.
Download this data
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About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.